Changing the old system.
Press TV - 12/01/13, SSM/PR
Press TV - 12/01/13, JR/PR
RT - Edited 12/02/13
A general view of houses in the town of Vik in southern Iceland.
(Reuters/ Ingolfur Juliusson)
Iceland’s government has announced that it will be writing off up to 24,000 euros ($32,600) of every household’s mortgage, fulfilling its election promise, despite overwhelming criticism from international financial institutions.
International organizations have confronted the idea with criticism. The International Monetary Fund (IMF) and the Organization for Economic Cooperation and Development (OECD) have advised against it, citing economic concerns.
Blacklisted News - 12/01/13, Paul Craig Roberts
Former Treasury Secretary Timothy Geithner, a protege of Treasury Secretaries Rubin and Summers, has received his reward for continuing the Rubin-Summers-Paulson policy of supporting the “banks too big to fail” at the expense of the economy and American people. For his service to the handful of gigantic banks, whose existence attests to the fact that the Anti-Trust Act is a dead-letter law, Geithner has been appointed president and managing director of the private equity firm, Warburg Pincus and is on his way to his fortune.
A Warburg in-law financed Woodrow Wilson’s presidential campaign. Part of the reward was Wilson’s appointment of Paul Warburg to the first Federal Reserve Board. The symbiotic relationship between presidents and bankers has continued ever since. The same small clique continues to wield financial power.
RT - edited 12/02/13
Bedouin men gesture during a demonstration showing solidarity with Bedouin Arabs who are against a government displacement plan for Bedouins in the Southern Negev desert in the village of Hura in southern Israel November 30, 2013.(Reuters / Baz Ratner)
The demonstrations were organized as part of an international “Day of Rage” against the proposed law which would arrange for Bedouin settlements to be created in southern Israel’s Negev Desert, also known as the Prawer-Begin plan.
On Saturday, the international “Day of Rage” which was proclaimed by rights groups prompted protests across Israel, in both Gaza City and in East Jerusalem, in addition to the UK.
Chicago Tribune - 11/29/13, Reuters, Staff, WGN-TV
Protester Myron Byrd is arrested and led into a police vehicle after he and others blocked North Broadway Street during a demonstration at a Wal-Mart store on the North Side on Black Friday. (Alex Garcia / Chicago Tribune)
Source: AlterNet - 11/27/13, Zaid Jilani
The television has long been a central fixture of the American home, starting with the introduction of basic newscasts and baseball games in the 1930s, and slowly evolving into a place where families could gather to watch films, sitcoms and premium cable channels. But data on television ratings show that Americans are increasingly turning off their televisions, as numbers show plummeting viewership.
Alt Thai News - 11/28/13, Tony Cartalucci
Image: 1000's of protesters descend on Thai oil giant PTT's headquarters in Bangkok this week - demanding it be re-nationalized after its privatization under Thaksin Shinawatra, part of a larger plan to sellout Thailand's infrastructure and natural resources to foreign corporations - the same corporations backing Thaksin's sister, Yingluck Shinawatra as she prepares for her brother's return to power.
Heracleion, a much prosperous and a known city had been engulfed underwater 1500 years ago. This grand city had also been mentioned by the Greek writer Herodotus, the 5th-century BC historian. He had told a wonderful tale of Helen of Troy, the most beautiful woman in the world, who had launched a thousand ships, travelled to Heracleion, then a port of ‘great wealth’, with her glamorous Trojan lover, Paris.
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